2-bed · 1,629 sqftThe Residences 1 (W3), Downtown Dubai · 8th floor · completed 2007

803, The Residences 1 (W3)

Sold prices and rental history: sold 5 times, last in June 2025, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 3 June 2025
Last soldAED 3.77M3 June 2025
Current rentAED 200K /yr1 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, The Residences 1 (W3)

What is 803 worth today?

Last sold for AED 3,765,037 in 2025

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3 Jun 2025SoldReady
AED 3,765,037AED 2,311 per sqft
29 Apr 2024SoldReady
AED 1,612,449AED 1,979 per sqft
8 Dec 2014SoldReady
AED 6,650,000AED 4,082 per sqft
1 Apr 2013RentedNew contract
AED 200,000/yr12 months · AED 123 per sqft
3 Sep 2012RentedNew contract
AED 175,000/yr12 months · AED 108 per sqft
2 Jul 2008Sold by developerReady
AED 4,200,000AED 2,578 per sqft
2 Jul 2008SoldReady
AED 5,900,000AED 3,621 per sqft

Source: Dubai Land Department. Updated 3 June 2025.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
8th of 38
Parking
L1-758
Developer
Emaar
Completed
2007
Service charge
AED 35,100 /yr
Last sold
AED 3.77M · June 2025

About 803, The Residences 1 (W3)

803 is a two-bedroom apartment of 1,629 sqft on the 8th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 3 June 2025 for AED 3,765,037, or AED 2,311 per sqft, 7% below the AED 2,488 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 April 2013, is AED 200,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 35,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical two-bed in The Residences 1 (W3)
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 1,348,800; 2009 AED 1,726,800; 2010 AED 1,624,800; 2011 AED 2,050,000; 2012 AED 2,375,000; 2013 AED 3,125,000; 2014 AED 4,500,000; 2015 AED 3,100,000; 2021 AED 3,600,000; 2023 AED 3,700,000; 2024 AED 3,425,000; 2025 AED 3,707,519; 2026 AED 3,850,000Sold by developer, July 2008: AED 4,200,000 (AED 2,578 per sqft)Sold, July 2008: AED 5,900,000 (AED 3,621 per sqft)Sold, December 2014: AED 6,650,000 (AED 4,082 per sqft)Sold, April 2024: AED 1,612,449 (AED 1,979 per sqft)Sold, June 2025: AED 3,765,037 (AED 2,311 per sqft)

803 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 803, each contractTypical two-bed in The Residences 1 (W3)
100K150K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,500; 2014 AED 177,500; 2015 AED 182,500; 2016 AED 176,875; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 127,917; 2020 AED 110,750; 2021 AED 112,500; 2022 AED 138,432; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 195,000; 2026 AED 185,500New contract, September 2012: AED 175,000 a yearNew contract, April 2013: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences 1 (W3), and where 803 sits

All 69 2-beds →

803 last sold in June 2025 at AED 2,311 per sqft, 7% below what two-beds in The Residences 1 (W3) were fetching at the time (AED 2,488). Over the last 12 months two-beds sold for AED 3,800,000 to 5,200,000, around AED 2,651 per sqft, and rent for AED 156,839 to 280,000 a year. 803's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
4 Feb 20263,850,000
30 Jan 20263,800,000
17 Apr 20253,650,000
3 2-bed sales in the last 12 months

The Residences 1 (W3)

Building

185 apartments, 1-bed to 5-bed over 38 floors in Downtown Dubai, completed in 2007 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,958
Typical sale
AED 4.53M
Typical rent
AED 171K /yr
Typical yield
4.2%
The Residences 1 (W3), Downtown Dubai: prices, sales and rents →

Other units on the 8th floor

All 185 units in The Residences 1 (W3)
Value
8012-bedAED 3M · Jan 2023
8023-bedAED 1.92M · Aug 2010
8041-bedAED 2.2M · Nov 2024
8051-bedAED 1.5M · Jan 2023

803, The Residences 1 (W3) in numbers

  • Sold 5 times: first on 2 July 2008 for AED 5,900,000, last on 3 June 2025 for AED 3,765,037 (AED 2,311 per sqft).
  • Rented since September 2012 on 2 Ejari contracts, from AED 175,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 35,100 a year (AED 21.55 per sqft).
  • Two-beds in The Residences 1 (W3) sold for AED 3,800,000–5,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,958 per sqft.

Source: Dubai Land Department. Updated 3 June 2025.

Questions about 803, The Residences 1 (W3)

What did unit 803 last sell for?

AED 3,765,037 on 3 June 2025: AED 2,311 per sqft for 1,629 sqft. The unit has 5 registered sales; the first was AED 5,900,000 in July 2008.

What is the rent for unit 803?

AED 200,000 a year on the contract signed on 1 April 2013. The previous contract, from September 2012, was AED 175,000.

How big is unit 803?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 8th floor of a 38-storey tower completed in 2007.

What is unit 803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 1 (W3) sold for AED 3,800,000 to 5,200,000 in the last 12 months, around AED 2,651 per sqft.

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Mortgage on 803, The Residences 1 (W3)

Starts from the last sale price (AED 3.77M, 3 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,765,037
Deposit, UAE resident (20%)
AED 753,007
Deposit, non-resident (40%)
AED 1,506,015
Monthly over 25 years at 3.7%
AED 15,404

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →